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Telenet NV : Telenet details the payment of the extraordinary dividend



    Telenet NV : Telenet details the payment of the extraordinary dividend

- Shareholders approved the proposed extraordinary (gross) dividend of €7.90
per share;
 
- Payment scheduled for May 8, 2013 with stock trading ex-dividend as of May
3, 2013.
 
Mechelen, April 24, 2013 - Today, the annual general shareholders' meeting of
Telenet Group Holding NV (Euronext Brussels: TNET) approved the proposed
extraordinary (gross) dividend of €7.90 per share.
 
Payment details
 
- Ex date: May 3, 2013 - As of the opening of the stock exchange on May 3,
2013, the shares of Telenet Group Holding will be traded on NYSE Euronext
Brussels ex coupon no. 7, which represents the right to receive the upcoming
payment.
 
- Record date: May 7, 2013
 
- Payment date: May 8, 2013: The right to receive the payment will be
represented by coupon no.7. The effective payment of the dividend for
registered and dematerialized shares will occur on May 8, 2013. As of May 8,
2013, holders of bearer shares can obtain the payment at the branches
of ING Belgium (acting as the Company's paying agent) upon presentation of
coupon no. 7.
 
- Withholding tax: The dividend payment is subject to 25% withholding tax
under Belgian law. The amount of the net dividend can, however, differ for
foreign shareholders depending on the double tax treaties between Belgium and
the respective foreign countries. In order to benefit from the reduced
withholding tax, shareholders will need to submit a fiscal attestation in this
respect to the Company's paying agent, at the latest 10 calendar days after
the payment date.
Press Release

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This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Telenet NV via Thomson Reuters ONE
HUG#1695949
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